US FDA approves Daiichi, AstraZeneca drug for treatment of solid tumors
(Reuters) – The U.S. Food and Drug Administration on Friday gave accelerated approval for the expanded use of Daiichi Sankyo and AstraZeneca’s drug to treat patients with a type of solid tumor.…
WHO Quietly Admits There’s No Solid Scientific Backing For Giving Children ‘Gender Affirming Care’
WHO Quietly Admits There’s No Solid Scientific Backing For Giving Children ‘Gender Affirming Care’ Robert Schmad on February 2, 2024 The World Health Organization (WHO) announced that it would not be issuing…
Netanyahu to Gaza hostage kin: Hamas has not made a solid deal offer
JERUSALEM (Reuters) – Israel Prime Minister Benjamin Netanyahu pushed back on Monday after speculation that a new release of Gaza hostages was in the works, saying Israel was taking an unspecified initiative…
US regional banks get solid welcome for new bonds
By Matt Tracy (Reuters) – Two major U.S. regional banks raised a total $4.75 billion selling bonds on Thursday, on the back of strong demand in a sign that fixed income investors…
India Nov services growth softens but still solid
By Shaloo Shrivastava BENGALURU (Reuters) – India’s dominant services sector stayed strong in November but expanded at its slowest pace in a year as demand softened despite cooling inflationary pressures, a private…
Once-gloomy US retailers now signaling more holiday cheer after solid start to season
By Deborah Mary Sophia and Aishwarya Venugopal (Reuters) -Retailers like Amazon.com and Foot Locker are signaling optimism for holiday season sales after stronger-than-expected figures during Black Friday and Cyber Monday, as heavy…
BMO sees solid US stock gains ahead, S&P 500 ending 2024 at 5,100
By Lewis Krauskopf NEW YORK (Reuters) – U.S. stocks are in a bull market and will post “solid” gains in 2024, even as returns are lower than this year, BMO Capital Markets…
US retail ETFs deliver solid Black Friday gains
By Bansari Mayur Kamdar and Suzanne McGee (Reuters) – Exchange-traded funds (ETFs) tracking U.S. retailers moved higher in shortened trading hours on Black Friday, outpacing broader market indexes. While the S&P 500…
Mexico sees solid economic expansion but price pressures persist
MEXICO CITY (Reuters) – Mexico’s economy, the second biggest in Latin America, could expand by 3.5% or more this year, a senior finance ministry official said on Wednesday, as one central banker…
Carlsberg lifts 2023 profit forecast on solid first-half
COPENHAGEN (Reuters) – Danish brewer Carlsberg on Tuesday lifted its profit guidance for the full year after a “solid business performance” in the first half of the year. The world’s third-biggest brewer…
Japan’s megabanks eye BOJ boost after solid first quarter
By Makiko Yamazaki and Anton Bridge TOKYO (Reuters) -Two of Japan’s megabanks reported solid quarterly profits on Monday amid hopes the Bank of Japan’s (BOJ) nudge towards policy normalisation will herald a…
Solid April US jobs report undermines case for Fed cut soon
NEW YORK (Reuters) – U.S. employers boosted hiring in April while raising wages for workers, pointing to sustained labor market strength that could see the Federal Reserve keeping interest rates higher for…
Solid first-quarter stock performance fueled 8.7% short interest jump -S3
By Stephen Culp NEW YORK (Reuters) – The solid first-quarter stock market performance helped prompt an 8.7% rise in short interest in U.S. and Canadian equities markets, according to a note from…
Prada sees solid revenue growth for 2023 after beating expectations last year
MILAN (Reuters) -Italy’s Prada said on Thursday it expects revenue growth to outpace rivals this year, after sales exceeded analyst expectations in 2022 thanks to a strong performance in Europe. The luxury…
Ray-Ban maker EssilorLuxottica’s sales rise on solid European growth
(Reuters) -Luxury eyewear maker EssilorLuxottica on Thursday reported a rise in fourth-quarter revenues, citing sound growth amid a challenging environment, but its performance in China declined because of COVID-19 restrictions. The maker…
Analysis-Is the party over? Mexico’s peso could lose solid gains in 2023
By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso, which is ending 2022 with one of its strongest performances in a decade, could have its gains wiped out in 2023 after an…
U.S. labor costs solid in Q3; private wage growth slowing
WASHINGTON (Reuters) – U.S. labor costs increased solidly in the third quarter, but private sector wage growth slowed considerably, suggesting inflation had either peaked or was close doing so. The Employment Cost…
U.S. factory output solid in September; builder sentiment slumps further
By Dan Burns (Reuters) – Production at U.S. factories rose in September led by output gains in both durable and nondurable goods, indicating the manufacturing sector remains on reasonable footing despite the…
U.S. service sector growth solid in September; price pressures easing – ISM survey
WASHINGTON (Reuters) – The U.S. services industry slowed modestly in September, while employment surged and a measure of prices paid by businesses for inputs fell to more than a 1-1/2-year low, suggesting…
Japan property lures private equity with solid yields, prospective deals
By Junko Fujita and Miho Uranaka TOKYO, Sep 1 (Reuters) – A new wave of big private equity players including KKR & Co is moving in on Japan’s property market, drawn by…
Australia’s Lynas posts record profit on solid rare earths demand
(Reuters) – Australia’s Lynas Rare Earths posted a record more than three-fold jump in annual profit on Friday, boosted by soaring demand for the specialized metals it mines amid a global push…
CK Hutchison H1 profit rises 4.3%, aims for solid H2 performance
HONG KONG – CK Hutchison, the ports-to-telecoms arm of retired billionaire Li Ka-shing, said on Thursday its net profit in the first six months rose 4.3%, helped by high energy prices, steady…
China’s economy recovering but foundation not solid, premier says
BEIJING -China’s economy has recovered to some extent, but its foundation is not solid, state media on Tuesday quoted Premier Li Keqiang as saying. China will strive to drive the economy back…
Solid Power aims to ship first solid-state battery cells by year-end to BMW, Ford
By Paul Lienert (Reuters) – Solid Power, a developer of solid-state batteries for electric vehicles, aims to begin shipping pre-production battery cells by year-end for validation testing by partners BMW and Ford…
SK Hynix sees solid demand for server chips offsetting weaker mobile, PC demand
By Joyce Lee SEOUL -South Korean chipmaker SK Hynix Inc said it expects solid demand for server chips to offset weaker growth from personal computers and mobile phones, after its first-quarter profit…
Saudi non-oil private sector keeps up solid growth in March – PMI
DUBAI – Saudi Arabia’s non-oil private sector kept up its solid pace of growth in March as output expanded at the fastest rate in over four years, a survey showed on Tuesday.…
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